The Securities Regulatory Commission today issued the “Administrative Measures on the Operation of Publicly Raised Securities Investment Funds”. A number of measures support the development of equity funds and optimize product supply. In addition to reducing the size of funds in the fund from 200 million yuan and a share of 200 million shares to 50 million yuan and 50 million shares, the “Operation Measures” draft also mentioned that FOF investment is allowed to connect funds to ETFs to better utilize the FOF asset allocation function; in addition, increasing the upper limit of non-FOF funds investing in other funds from 10% to 30% to support more medium- and low-volatility products such as “fixed income +” to increase value through funds such as stock ETFs; it is also clear that fund investment REITs are managed according to securities investment. According to industry insiders, these arrangements will help broaden the investment tools and strategic space of public funds, enhance product asset allocation capabilities, and better meet the diverse needs of residents such as pensions, insurance funds, and long-term financial management.

The Securities Regulatory Commission today issued the “Administrative Measures on the Operation of Publicly Raised Securities Investment Funds”. A number of measures support the development of equity funds and optimize product supply. In addition to reducing the size of funds in the fund from 200 million yuan and a share of 200 million shares to 50 million yuan and 50 million shares, the “Operation Measures” draft also mentioned that FOF investment is allowed to connect funds to ETFs to better utilize the FOF asset allocation function; in addition, increasing the upper limit of non-FOF funds investing in other funds from 10% to 30% to support more medium- and low-volatility products such as “fixed income +” to increase value through funds such as stock ETFs; it is also clear that fund investment REITs are managed according to securities investment. According to industry insiders, these arrangements will help broaden the investment tools and strategic space of public funds, enhance product asset allocation capabilities, and better meet the diverse needs of residents such as pensions, insurance funds, and long-term financial management.